What was the reported amount of Other Assets for Brain Balance in the first period presented?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
| Assets | ||
|---|---|---|
| Cash and Cash Equivalents | $232 $133 | $99 $195 |
| Accounts Receivable, Net | 651 606 | 45 567 |
| Inventory | 70 149 | (79) 40 |
| Prepaid Expenses | 291 209 | 82 250 |
| Intercompany Receivable | (1,492) (2,110) | 618 (2,031) |
| Other Current Assets | 26 39 | (13) 31 |
| Total Current Assets | ($222) ($974) | $752 ($948) |
| Fixed Assets, Net | ($10) ($23) | $13 ($16) |
| Intangible Assets, Net | 1,093 1,099 | (6) 1,118 |
| Other Assets | 2,731 2,640 | 91 2,722 |
| Total Assets | $3,592 $2,742 | $850 $2,876 |
Source: Item 23 — RECEIPTS (FDD pages 72–292)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, the balance sheet provides a snapshot of the company's assets, liabilities, and equity as of specific dates. The data is presented for three periods. The Other Assets reported for the first period, represented by the first column in the balance sheet, was $2,731.
This figure represents assets that are not easily classified into other standard categories like cash, accounts receivable, or inventory. These could include items such as long-term investments, deferred tax assets, or other miscellaneous assets that Brain Balance owns.
Understanding the composition and nature of these 'Other Assets' would be crucial for a prospective franchisee to assess the financial health and stability of Brain Balance. It's important to investigate what these assets consist of to gauge their liquidity and potential impact on the company's overall financial performance.